The Joseph Safra Family Amicably Resolves Disputes

The parties have further agreed to end all pending legal and arbitral proceedings in all jurisdictions.

Financial and other terms and conditions of the resolution were not disclosed.

In a joint statement, Vicky Safra and all her children said: "We are pleased to put this matter behind us and reaffirm our family bonds. The resolution we have reached will allow us to pursue our respective business interests in ways that help ensure that the success of every member of our family is a reason for shared satisfaction."

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